Essentra plc (OTCMKTS:FLRAF) Sees Large Growth in Short Interest

Essentra plc (OTCMKTS:FLRAF) was the target of a significant increase in short interest in November. As of November 15th, there was short interest totalling 238,800 shares, an increase of 31.6% from the October 31st total of 181,400 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Essentra Price Performance

FLRAF stock remained flat at $2.00 during trading on Friday. The business has a 50 day simple moving average of $2.02 and a 200 day simple moving average of $2.14. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.28 and a current ratio of 1.97. Essentra has a 12-month low of $1.96 and a 12-month high of $2.42.

About Essentra

Essentra plc manufactures and distributes plastic injection and vinyl dip moulded, and metal components worldwide. The company offers cable ties and conduit, and accessories; grommets, strain relief, and blanking plugs; cable glands and accessories; caps and plugs; card guides and pullers; circuit board hardware products; EMI suppression ferrite cores; fan accessories comprising filters and fan mounting accessories; screws and nuts; rivet and panel fasteners; washers; spacers; brushes; fleet; fibre management; and furniture fittings.